Are you a contractor? If you work for someone else, it is important to know whether you are working for that person in an employed capacity or in a self-employed capacity as an independent contractor.
Your employment status will determine the charge to tax on income from your employment or self-employment. It will also determine the class of NICs, which are to be paid.
Umbrella Companies employ you for tax purposes and complete central returns for all their contractors. It's less hassle and more flexible for you but take home pay is typically less than that the limited company option.
The best option for you depends on your plans, 'one off' contract or 'contractor for life'? [Read More...]
Whether you are new to contracting or a veteran contractor, stayting appraised of changes in tax law, accounting news, expense caveats etc can be a daunting task.
The tax guides, VAT information and advice and general contracting guides below are designed to assist and support you with your contract. Read, review and share your experiences with us on facebook.
Do contractors pay Employers NI? Is your umbrella company deducting Employers NI from your pay? Find out what's going on here.
If you're new to contracting this is a must read guide. Should you setup and manage your own limited company or use the services of an umbrella company?
Recruitment agent Guide to AWR. No jargon no nonsense no bull. Dummies guide to AWR, contracting and limited company accountants.
How to Pass IR35. A definitive guide to ir35, plus free contracting guides, mystery-shop results and live contractor feedback on what matters.
Find out exactly what IR35 means and how it affects contractors who run a limited company.
One minute guide to IR35. IR35 is an HMRC tax law designed to increase government tax revenues. See how IR35 affect you as a contractor and the way you pay Tax, PAYE, VAT and National Insurance
What is IR35? See how the IR35 legislation can affect the amount of money that you earn as a contractor. The #1place for IR35 info and the best Umbrella Company Comparison site.
What is IR35 and why are recruitment agencies so against IR35? IR35 survey results. Umbrella Compare - the home of contracting. No jargon no nonsense no bull. Dummies guide to contracting and limited company accountants.
Contractors Mortgages - Frequesntly asked questions and answers. Straightforward advice on contractor mortgages and getting a mortgage whilst in a contract
See why 2014 is the year of the contractor. There has never been a better time to become a freelancer.
HMRC utilises specific tax forms to track your annual and periodic payments of tax. When an individual is a Full Time Employee (FTE), their tax affairs are straight forward, its not the same for contractors.
The umbrella company industry receives praise from Prime Minister for one billion pounds in tax.
VAT. Getting started with VAT. Introduction to VAT. Contractors and VAT. Why do we pay VAT. Managing your VAT. The real cost of VAT
Umbrella Compare review RedTapeDocs 200+ questions for the perfect interview. Are you ready for your interview? contractors and job searches beware, don't through away the perfect job
Situations When CIS Does Not Apply. Click here to find out when CIS rules do not apply to construction workers.
Temporary Workplace - Is Yours? Click here to understand what qualifies a contractor to claim expenses when working at a temporary workplace.
What is the Construction Industry Scheme? Click here for a quick guide to the Construction Industry Scheme. CIS explained.
I'm a Contractor, do I need private medical insurance? If you fall ill make sure your finances don't suffer. Contractors need the safety net.
Passing Your Contractor Interview. Interviews can be less frightening if you prepare correctly. Plus umbrella company customer satisfaction survey results.
So You Want to be a Freelance Contractor? Find out how to become a contractor - simple check list and information on the steps and factors affecting working as a contractor
You Got The Contract. What Now?! Contractors need to get a payment system in place - limited company or umbrella company? Plus umbrella company customer satisfaction survey results.
Frequently Asked Contractor Interview Questions. On the whole job interviews, with recruitment agents, usually turn out to be memorable experiences - find out how to ace that interview
Landing your first contract role. Instead of getting the phone book out and start calling around, the best way to get a contract is to find a specialist recruitment agency that deals with contractors.
Handling Your First Contract assignment. Once you get a contract what do you do next? Click here and find out everything you need to know!
Good news for contractors with the launch of a new bank based on common sense lending. Shawbrook Bank enters the small business market. Get more at Contractor Supermarket.
Women to pay 35% more for insurance! See how your insurance could be affected by this decision
Is an Umbrella Company the best option for contractors. Read this before you make any decisions. Compare umbrella companies and limited company accountants, see which solution is best for you.
Repeat contracts are cheaper than new contracts. There are no special rules for freelance contractors. Dummies guide to contracting and limited company accountants.
Contractors can reduce their tax bill by claiming business expenses through their umbrella company. Find out what expenses you can claim, and how. Click here to find out!
Quick Guide to the Construction Industry Scheme (CIS). Click here to find out all about the Construction Industry Scheme - everything you need to know!
You know how important an income is - top three in life's priorities. So, what are you doing to protect this vital asset?
CIS Glossary of CIS Terms. Construction Industry Scheme jargon explained. Click here now for CIS information.
Contractor rate or contractor value. Getting the most from contracting. Dummies guide to contracting and limited company accountants.
There are a selection of investment opportunities for contractors. Work smart stay solvent. Dummies guide to limited company contracting.
Want to be a freelance contractor? Find out the best way to become a contractor and see what is involved. Articles and guides to help you land and secure your first contract
Construction Industry Scheme (CIS) Employment Status FAQs. Click here for answers to your CIS questions.
Umbrella Company, Own Limited Company or Recruitment Agency PAYE? Click here to find out what the best option for contractors really is!
It will never happen to me. Handy guides to limited company insurances - Contractor Income Protection. Dummies guide to limited company contracting.
Contractors Give More, Take More but who does their appraisels? How does a Contractor really know wen they are performing? Dummies guide to contracting and limited company accountants.
Can CIS Contractors be Paid Without Tax Deducted? Click here to find out how to pay CIS contractors and what tax is paid.
Contracting or Permanent Employment. Click here to find out the pros and cons of being a freelance contractor.
It's the basics... Compliance with Tax, VAT, PAYE and fiscal arrangements is mandatory for contractors regardless of whether you use an umbrella company or your own limited company.
Incredible then that there are still rogue umbrella companies and limited company accountants who expose their contractors to fraud. Umbrella Compare provides THE solution, we thoroughly vet all umbrella companies and limited company accountants that we list [Read more...].
Umbrella Compare provides a holistic overview of contracting with the aim of helping new and old contractors find the right payroll solutions. Contracting should be about focusing on the contract, not payroll, accounting, HMRC and bureaucracy.